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Daily Dispatches
Devaluation of euro reported to be under consideration
Submitted by cpowell on Mon, 2004-02-09 03:00 Section: Daily DispatchesCheapening the Dollar
By Edmund L. Andrews
The New York Times
Sunday, Februay 8, 2004
a href=http://www.nytimes.com/2004/02/09/international/09GROU.html?http://www.n...
pagewanted=all
WASHINGTON -- Treasury Secretary John W. Snow has tacitly
but unmistakably abandoned Washington's longstanding
support for a strong dollar in favor of a weak dollar that
Butler''s silver report: CFTC wants comment on price rigging, so let''s provide it
Submitted by cpowell on Mon, 2004-02-09 03:00 Section: Daily DispatchesEuro Falls as EU Wants Weaker Currency
By Kyle Peterson and Gertrude Chavez
Reuters
Monday, February 9, 2004
a href=http://www.reuters.com/newsArticle.jhtml?type=topNewsamp;storyID=4317958...
CHICAGO (Reuters) -- The euro fell against the dollar on
Monday after a published report said European Union
finance ministers will discuss quot;all possible waysquot; to curb
Two commentaries by Jim Sinclair
Submitted by cpowell on Mon, 2004-02-09 03:00 Section: Daily Dispatches9:09p ET Monday, February 9, 2004
Dear Friend of GATA and Gold:
Silver market analyst Ted Butler's latest commentary,
appended here, reports on indications of trouble for
the silver shorts and, more importantly, on the
request of the Commodity Futures Trading Commission
for comment from the public on the governance of
the commodities markets.
As Butler writes, this opportunity must be seized by
MineWeb reports on the rush to develop bullion equity funds and WGC''s trouble
Submitted by cpowell on Mon, 2004-02-09 03:00 Section: Daily Dispatches9:45p ET Monday, February 9, 2004
Dear Friend of GATA and Gold:
Two of Jim Sinclair's commentaries today -- quot;Some People
'Don't Get No Respect'quot; and quot;Have We Got a Gold Fund for
Youquot; -- are especially worth reading. You can find them
here:
a href=http://www.jsmineset.com/home.asphttp://www.jsmineset.com/home.asp/a
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
GATA will support Ted Butler to liberate the silver market
Submitted by cpowell on Sun, 2004-02-08 03:00 Section: Daily Dispatches11:08p ET Saturday, February 7, 2004
Dear Friend of GATA and Gold:
The Reuters story about the G-7 meeting appended here
may be most interesting for quoting a Merrill Lynch
foreign-exchange expert as predicting that the European
Central Bank soon will be undercutting its own currency
just as Asian central banks have been doing, and for
acknowledging that currency manipulation is indeed
Analysts quoted by Washington Post on G-7 expect dollar to keep falling
Submitted by cpowell on Sun, 2004-02-08 03:00 Section: Daily Dispatches3:10a ET Sunday, February 8, 2004
Dear Friend of GATA and Gold:
GATA has endorsed and will publicize and underwrite the
work of silver market analyst Ted Butler, who for four years
now has been working to liberate the silver market just as
GATA has been working to liberate the gold market.
If you're not familiar with Butler, you can find an archive of
his silver market commentaries at the Internet site of
Will ''flexibility'' in exchange rates really mean more currency debasement?
Submitted by cpowell on Sat, 2004-02-07 03:00 Section: Daily Dispatches9:59p ET Thursday, February 5, 2004
Dear Friend of GATA and Gold:
There are two interesting items tonight at
CBSMarketWatch about this weekend's meeting
of the Western finance ministers in Boca Raton,
Fla. One is a news story by Rachel Konig, the
other a commentary by Paul Erdman. Links are
appended.
Also appended is an appeal from GATA supporter
Josef M. Seda, a former holder of shares of the
Barclays plans bullion fund to compete with World Gold Council''s
Submitted by cpowell on Sat, 2004-02-07 03:00 Section: Daily Dispatches4:32p ET Saturday, February 7, 2004
Dear Friend of GATA and Gold:
Appended are the latest stories about the meeting of the
Western finance ministers in Boca Raton, Fla., the most
timely being CBSMarketWatch's, which is placed first and
which reports that the ministers have agreed on a statement
that will be released this evening.
See what you think, but the comments below seem to suggest
G-7 statement invites Japan and China to be more ''flexible'' with exchange rates
Submitted by cpowell on Sat, 2004-02-07 03:00 Section: Daily DispatchesBy John Spence
CBSMarketWatch
Saturday, February 7, 2004
a href=http://cbs.marketwatch.com/news/story.asp?guid=%7B06CF5D52%2DCC23%http:/...
2D4C33%2D903D%2D24CFC533C85C%7Damp;siteid=mktw
NEW YORK -- San Francisco-based indexing giant Barclays
Global Investors filed with the SEC Friday to launch a
new exchange traded fund for gold investors, to be called
Text of G-7 communique from Boca Raton
Submitted by cpowell on Sat, 2004-02-07 03:00 Section: Daily Dispatches5:45p ET Saturday, February 7, 2004
Dear Friend of GATA and Gold:
As you may see from the news service stories appended
here, the G-7 conference communique from Boca Raton
seems mainly to have invited Japan and China to be more
quot;flexiblequot; with their currencies, to debase them less
amid the debasement of the U.S. dollar -- Japan and
China being the two major economic powers not having